yeah TKN IN > TKN OUT
increase revenue and decrease expenses
one thing that is great about the deficit being visible is that the DAO can start operating the protocol like a business
I posted an idea that I believe can help become part of the solution to bancors current problems. Since youāre good at math, if you have any free time, could you try to see if the numbers make sense with this approach ? Adding features to the BNT token - #27 by Jindo
i think the main thing iād say is that if weāre healing the deficit then thatās the same as having ILP being restored at some rate per day already
if thereās no deficit there is no āILā to āprotectā, prevention is better than cure as they say
Hey @Jindo - Can you fill in the missing data here or remove the August 7th date?
removed the august 7th date.
also, if what david said is true, and if selling bnt for vbnt does not lower the $ of bnt, then I would rescind my opinion on this matter and would like to remove this thread.
Iām not a math wiz, and he has a better grasp for the mechanics of this project than I do. So if others can verify that this is true ; protocol selling bnt for vbnt does NOT lower the $$ value of bnt, then lets close this discussion as there would be no reason then to burn bnt while the price of vbnt is less than bnt.
Iāll move this thread to the chatroom for now.
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